Akzo Nobel N.V. has reported positive volume growth and, for the fifth consecutive quarter, an improvement in Return on sales (ROS) – from 8.0 percent to 9.1 percent. Excluding restructuring costs of €55 million, ROS was 10.6 ...
Tags: AkzoNobel, Performance Coatings
Flow instrumentation manufacturer AW-Lake Company has reshaped its management team in response to growing business needs. Mark Iverson has been promoted to General Manager of the company, reporting to Flow Division President, John McKenna. ...
Tags: AW-Lake Company, Business Needs
PPG Industries reported third quarter 2014 net sales from continuing operations of $3.94 billion, up $161 million, or 4 percent, versus the prior year. Third quarter 2014 reported net income from continuing operations was $377 million, or ...
Tags: PPG, Construction Coating
Manufacturers of beverage filling and packaging lines Krones has revived its subsidiary Kosme, which manufactures machines and technologies for the lower output range. As a part of the restructuring, Kosme has discontinued its operations ...
Tags: Krones, Subsidiary, Packaging
Panasonic is reportedly considering to buy a stake in Ficosa International to expand its automotive parts business. Panasonic is considering to develop similar driver assistance systems that Ficosa makes and it is also aiming to jointly ...
Tags: Panasonic, Buy Stake, Accessories
Finland-based stainless steelmaker Outokumpu has announced an update on its strategy, and also announced the expansion of its efficiency programs as well as the expected achievement of its €200 million synergy targets in 2015, two ...
Tags: Outokumpu, stainless steelmaker
Nobia (NOBI.ST) has received an offer to divest its French kitchen chain Hygena to Fournier SA, which manufactures and sells kitchens under the brands Mobalpa, Perene and SoCoo'c. Nobia intends to respond to the offer after consultation ...
Tags: Nobia, Fournier SA, Food
Local news reported Tuesday that US Steel Canada, which has recently applied for creditor relief, owes over $94 million to contractors and suppliers, including 190 companies in the Hamilton, Ontario area, but the preliminary list of ...
Quiksilver, Inc. reported revenues fell 19.0 percent in its third quarter ended July 31, to $395.7 million. On a currency-neutral basis, sales were down 17 percent for the Quiksilver brand, 9 percent at Roxy, and 34 percent at DC Shoes. The ...
Tags: Sporting Goods, Recreation
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
Despite a 50% growth in the North American online business, net earnings crashed 50.5% year-on-year at lifestyle apparel retailer Guess Inc in the second fiscal quarter ending August 2, 2014. For the second quarter of 2014, Guess ...
The New Fiber Fabric Workshop textile division of the Shenghong Group has become one of the first companies in China to be awarded STeP by OEKO-TEX certification for its environmentally friendly and socially responsible production ...
Tags: Fiber Fabric, Oeko-Tex Certificate
Aussie apparel retailer Billabong International Limited was able to significantly reduce its net loss in the fiscal year ending June 30, 2014, when compared with fiscal year of 2013. Including significant items and discontinued ...
Huntsman Corporation said it saw meaningful improvements across its business, while releasing financial results for the second quarter ending June 30, 2014, as net income skyrocketed more than 150%, from a year earlier. Net income surged ...
Tags: Huntsman Corporation, Net Income, Textile
Australian steelmaker BlueScope Steel has posted a net loss of AU$82.4 million for the financial year 2013-14 ended on June 30, narrowing down from a net loss of AU$107.1 million in the previous financial year, due to increased spreads and ...
Tags: BlueScope Steel, Loss, Metallurgy